518 Fairmont Road

Eric Coy, Winnipeg

Property score

74.4

Good

Overall 74.4 · Compared with neighbourhood average

1,380 sqft (top 46%) · Built in 1973 (2 yrs newer than avg)

Located in a high-income area with median household income of ~97k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Near average

6% smaller than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 80%French · 2%

Past 10 years Eric Coy sales snapshot (~80% of all data)

Sold Count

243

Median price

457.5k

$/sqft

$369/sqft

Avg build year

1971

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Property score

74.4 is composed by the two sections below.

Property Score

68.6Good
Living Area71
1,380 sqftGood
Year Built58
1973Fair
Lot Size88
7,019 sqftExcellent
Neighbourhood Sales Activity24
Low

Community Score

83.2Excellent
Household Income83
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

Neighbourhood Sales

Eric Coy

How to read: Share of sales in each ~$50k price band for “eric coy” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111066

Community deep dive

$97K

Median household income

$108K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

29%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)418
Labour force participation rate52%
Median age52.0
Avg household size2.3
Unemployment rate5%
Population density1306 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households29%
Couple families with children27%
Median household income (2020)$97K

Housing

Renter households5%
Condominium dwellings26%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority10%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,380 sqft
0255075100
Same streetTop 37%Same areaTop 46%CitywideTop 37%
Same street · Fairmont Road
#56 / 152
Top 37% · Avg 1,366 sqft
Same area · Eric Coy
#405 / 888
Top 46% · Avg 1,472 sqft
Citywide · Winnipeg
#71,250 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
409k
0255075100
Same streetBottom 39%Same areaBottom 34%CitywideTop 36%
Same street · Fairmont Road
#93 / 152
Bottom 39% · Avg 459.9k
Same area · Eric Coy
#586 / 888
Bottom 34% · Avg 465k
Citywide · Winnipeg
#70,353 / 194,458
Top 36% · Avg 390.1k

Year Built

above average
1973
0255075100
Same streetTop 28%Same areaTop 37%CitywideTop 43%

Lot Size

above average
7,019 sqft
0255075100
Same streetBottom 2%Same areaBottom 14%CitywideTop 17%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

518 Fairmont Road — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 324 m), 1 parks (nearest 410 m).

Search radius
🏫Education1
🌳Parks1
Worship1

Crime & Safety

Eric Coy · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Other

50%

Sales History

518 Fairmont Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 518 Fairmont Road, Winnipeg

Property Overview: 518 Fairmont Road

This well-established bungalow in Eric Coy offers a practical and spacious family living environment. Its key appeal lies in the combination of a large, mature lot and a fully finished basement, providing significant usable space. The home suits first-time buyers seeking a move-in-ready property with room to grow, or downsizers looking for single-level living without sacrificing space. A thoughtful perspective is its strong city-wide ranking for lot size—placing in the top 17% in Winnipeg—which is a permanent asset offering privacy and potential that newer subdivisions often lack. While the interior is functional, the property’s true value is grounded in its established neighborhood setting and the versatility provided by the finished lower level.

Key Details & FAQs

  • Key Characteristics: A 1,380 sqft one-storey home built in 1973, situated on a 7,019 sqft lot. It features a fully finished basement and a detached garage.
  • Primary Appeal: A turnkey home with ample indoor and outdoor space, ideal for those prioritizing a large yard and a straightforward, efficient layout.
  • Ideal Buyer: Best suited for practical buyers—families, first-timers, or retirees—who value space and location over modern finishes, and who appreciate the character of a mature neighborhood.

Frequently Asked Questions

1. How does this home compare to others in the area?
The property stands out for its above-average lot size, ranking higher in Winnipeg (top 17%) than in its immediate community. It offers more living space than about 66% of Winnipeg homes, but its assessed value is moderate for its size and area.

2. What is the significance of the "rankings" provided?
These rankings show how this home compares to others on specific metrics. For example, its lot size is a major competitive strength city-wide, while its building age is newer than about half the homes in Winnipeg, positioning it as a middle-ground option in terms of upkeep and potential updates.

3. Is the finished basement included in the listed living area?
No. The 1,380 sqft living area refers to the above-ground space. The fully finished basement provides additional rooms and living space, which is a significant functional bonus not reflected in the official square footage.

4. What should I consider about a home from 1973?
While the home is well-maintained, a buyer should plan for age-appropriate maintenance. The upside is that homes from this era in established neighborhoods often feature solid construction and larger lot sizes than newer builds. An inspection is advised to understand the condition of major systems.

5. Who might this property not suit?
It may not suit buyers seeking a modern, open-concept layout or extensive recent renovations. Those wanting a brand-new home, a premium en-suite garage, or a property that ranks at the very top of its immediate street for value may want to look elsewhere.